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Nigeria

Nigeria

Population: 227.71m
GDP: $252.74bn
Debt: 46.6% of GDP (2024)

news from Nigeria

Category: all

Found 776 articles.

Displaying 11-20 out of 776 results.

Crypto cross words

Top cryptocurrency platform Binance is accused of tax evasion, currency speculation and money laundering by Abuja

Officials in Abuja say that Binance, an online platform to trade cryptocurrencies, came close to destroying what is now only Africa's third largest economy by facilitating money la...

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Pay to get out, regulator tells oil and gas giants

As multinationals retreat from the continent, Tinubu seems keen to offer incentives to domestic firms to take over their assets

Nigeria's state petroleum authority has made an unusual offer to the oil and gas giants who now want to sell up their assets in Nigeria: quick approval for the divestment plans wil...

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HYPREP's no-shows

Ogoni activists say most of the companies contracted by the Hydrocarbon Pollution Remediation Project (HYPREP) to carry out remediation work on disastrously polluted Ogoniland have...


Cardoso plans a brave new banking world

Tough new capital requirements by the central bank will mean fewer but busier commercial banks

An improbable revolutionary, central bank governor, Olayemi Michael Cardoso, could preside over the biggest shake-up of Nigeria's financial sector for decades. His announcement las...


Oil broker James Ibori returns to Abuja stage

President Tinubu's ties with convicted fraudster and ex-Delta State governor will boost the ruling party and may cut oil theft

In Abuja, the story is of the rise and fall and rise again of James Ibori, former Governor of oil-rich Delta State, sentenced to 13 years in Britain for fraud and money laundering ...


Cost-of-living crisis forces government rethink

Armed attacks and kidnappings, combined with food riots and looting, are putting President Tinubu and his inner circle under pressure

The cost-of-living crisis is becoming the most serious political challenge facing President Bola Ahmed Tinubu's government a year after it was elected. Whether it is maladministrat...


Spiralling prices imperil Tinubu’s reforms

Facing political pushback and food riots, the government is rethinking its devaluation and subsidy cuts

There was no hiding the desperation when Central Bank of Nigeria Governor Olayemi Cardoso announced on 27 February that interest rates would be hiked from 18.75% to 22.75%, the lar...


Displaying 11-20 out of 776 results.